Musgrave Minerals Ltd (ASX:MGV) Share Purchase Plan Closes Early
FRA:6MU) is pleased to advise that the Share Purchase Plan (SPP) which opened on 18 December 2020 has now exceeded the targeted raising amount of $2 million with subscriptions received to date in excess of $3.2 million (subject to final reconciliation). The support for the SPP follows the successful completion of Musgrave's placement (Placement) which raised $16 million, as announced by the Company on 14 December 2020. In light of the positive early response to the SPP by Musgrave Shareholders, the directors of the Company (Directors) have resolved to close the SPP today, in accordance with the terms of the SPP.